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- Evolution of the super scheme: Fürst Group restructuring plan sanctioned
Evolution of the super scheme: Fürst Group restructuring plan sanctioned
The team at DLA Piper share key takeaways from the second longest sanction hearing in restructuring plan history, and the only sanction hearing yet to morph into a second convening hearing, including that out of the money creditors can be excluded from voting and are not entitled to share in the restructuring surplus.